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Exporing microsoft office 2013 ch02

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exploring Microsoft Office 2013 Volume 1

by Mary Anne Poatsy, Keith Mulbery, Lynn Hogan, Amy
Rutledge, Cyndi Krebs, Eric Cameron, Rebecca Lawson

Chapter 2
Formulas and Functions

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

1


Objectives







Use relative, absolute, and mixed cell references in formulas
Correct circular references
Insert a function
Insert basic math and statistical functions
Use date functions

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

2



Objectives (continued)







Determine results with the IF function
Use lookup functions
Calculate payments with the PMT function
Create and maintain range names
Use range names in formulas

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

3


Cell References



Excel offers three types of cell references for use when a formula
is copied

– Absolute
– Relative
– Mixed




$A$1
A1
$A1 or A$1

$ indicates that the row number or column letter will not be
modified during a copy

4
Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  


Relative Cell References



A relative cell reference indicates a cell’s relative location
from the cell containing the formula.

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

5


Absolute Cell References




An absolute cell reference provides a permanent reference to
a specific cell

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

6


Mixed Cell References



In mixed reference $B4, the column is fixed, but the row may
be altered during a copy



In mixed reference B$4, the row is fixed, but the column may
be altered during a copy

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

7


Avoiding Circular References



A circular reference error occurs if a formula refers to itself


Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

8


Function Basics



An Excel function is a predefined formula that performs a
calculation

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

9


Function Terminology



Syntax is the set of rules that govern correct formation of a
function




An argument is an input, such as a cell or range
A function begins with the equal sign (=) followed by the

function name and arguments in parentheses
Example: =SUM(A1:A3)

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

10


Inserting a Function



When a function is typed, Formula AutoComplete displays a
list of functions matching the partial entry

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

11


Inserting a Function



A function ScreenTip is a small pop-up description that
displays the function arguments.

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

12



Insert Function Dialog Box



Use the Insert Function dialog box to search for a function or
select one from a list

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

13


Function Arguments Dialog Box



The Function Arguments dialog box offers help on each
argument

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

14


Totaling Values with SUM




The SUM function returns the mathematical sum of some
number of cells or ranges; for example:
=SUM(A1:A3)
=SUM(A1,B3,C5)
=SUM(A1:B3,C5:E8)

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

15


Basic Statistical Functions



Common statistical functions include:

arithmetic mean
– AVERAGE
midpoint value
– MEDIAN
minimum value
– MIN
maximum value
– MAX
number of values in range
– COUNT
– COUNTBLANK number of empty cells
– COUNTA number of nonempty cells


Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

16


Basic Statistical Functions

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

17


Other Math & statistical Functions

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

18


Using Functions as Arguments



A nested function occurs when one function is embedded as
an argument to another function; for example:
=IF(A1
– Compute the MIN function if A1 is less than A2
– Compute the MAX function if A1 is not less than A2


Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

19


Date Functions





Since dates are numeric, calculations can be performed, such as
subtraction
The TODAY function displays the current date
The NOW function displays the current date and time

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

20


Determining Results with the if Function




=IF(logical_test, value_if_true,value_if_false)
The IF function has three arguments:

– A condition that is tested to determine if it is either true or false

– The resulting value if the condition is true
– The resulting value if the condition is false

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

21


Designing the Logical Test



The logical test is built from the logical operators

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

22


Using the IF Function

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

23


Using Lookup Functions




Lookup functions are used to look up values in a table to
perform calculations or display results

– For example, a teacher may want to look up an average in order to
assign a grade

Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall.  

24


Creating a Lookup Table




When searching a range, the breakpoint is the lowest value for
a category or series
A lookup table typically lists breakpoints in one column and
return values in a second column

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25


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